With 17 million already mined I don't think there is much benefit in mining BTC.
You are short for more than 1 million
BTC, there is more than
18 million mined and by the time of the next halving we have 1800 new coins mined every day. Mining of
BTC is a very profitable business, but not for people who want to do that with PC or some outdated technology. In this game you need money, a good location with cheap electricity and earnings are guaranteed. The price of mining 1
BTC in China is around $3000, they do it for huge profits.
It will still take roughly 25 more years for all bitcoins to be mined and I don't know why I'm getting excited about it im wonderint how price would move by
I'm just curious how you got to 25 years? Mining of the last block should happen sometime around the year 2140, so your calculation just doesn't make sense. I mean it's pretty useless to write again, most people do not read anything on this forum except titles, but 99% of
BTC will be mined by year 2032 so that 1% and year 2140 make no sense to us who live today.